Mohawk Closing South Carolina Yarn Plant
Calhoun Falls, SC, July 31, 2012 -- Mohawk plans to close its Rocky Creek facility on Sept. 25, according to WYFF.com.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Shaw Floors Wins PR Award for HGTV HOME
Dalton, GA, July 31, 2012 –- Shaw Floors said it has received a 2012 Bronze Anvil Award of Commendation from the Public Relations Society of America.
Tile Shop Names Clayton CFO
Minneapolis, MN, July 31, 2012 -- The Tile Shop, a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, has named Timothy Clayton chief financial officer of Tile Shop Holdings, Inc.
Chicago PMI Reverses Higher in July
Chicago, IL, July 31, 2012 -- The Chicago Purchasing Managers Index rose to 53.7% in July from 52.9% in June, halting a trend of three straight drops.
Personal Income Rises in June, Spending Flat
Washington, DC, July 31, 2012 -- Despite a greater than expected increase in U.S. personal income in June, consumer spending was flat, according to the Commerce Department.
Armstrong Net Income Rises as Sales Fall
Lancaster, PA, July 30, 2012 --Armstrong World Industries reported second quarter net income of $41.8 million compared to $37.9 million a year ago.
USG Narrows Loss in Second Quarter
Chicago, IL, July 30, 2012 -- Building products firm USG Corporation reported a second quarter net loss of $57 million, down from a loss of $70 million reported a year ago.
Analyst Calls Armstrong Sales 'Disappointing'
New York, NY, July 30, 2012 -- Flooring industry analyst Stifel-Nicolaus described Armstrong's second quarter revenue numbers "disappointing" in its Quick Look report on Monday.
Remodeling Market Index Down in Second Quarter
Washington, DC, July 27, 2012 -- The National Association of Home Builders' Remodeling Market Index declined in the second quarter due to a softening labor market.
Economic Growth Slows in Second Quarter
Washington, DC, July 27, 2012 -- The economy grew at an annual rate of 1.5% from April through June, the Commerce Department said Friday.